I usually close my gas price reports with a prediction. I opened Gas prices down after Thanksgiving plus DNews gives conservation tips with one instead.
I concluded The corner station resumes the limbo with a prediction: "I expect lower prices after the Thanksgiving weekend." That happened. Today was the first day I ventured off the property since Wednesday. I walked to the corner to pick up some pizza to break the three days of turkey and saw that the corner station had lowered its price for regular to $3.15. $3.04 it isn't, but there are just over two weeks left for prices to get there again.Yesterday, that happened. The three stations down the street all dropped their price for regular to $3.09 in the morning. By late afternoon, the corner station dropped down to $3.10. I'm sure it will match the rest of the neighborhood stations today or tomorrow.
Prices might drop to that level, too, as GasBuddy lists the national average as $3.25, down from last week's high of $3.27, while both the Michigan and Detroit averages having been falling since the 23rd. The state mean is down to $3.21 from a peak of $3.33, while the metro average has now reached $3.18 from a high of $3.26. $3.09 is not out of the question.
As for where it will go next, GasBuddy shows all averages dropping. The national average is now at $3.24, the Michigan average is down to $3.15, and the Detroit average is between $3.13 and $3.14. The previous record low of $3.04 is now back within reach.
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